Philippines: 500 Startups, others back modular home firm Revolution Precrafted in $15.4m round


“They didn’t need venture capital. This is a deal we had to fight to get into.” – Khailee Ng, Managing Partner, 500 Startups

Visual from company website
The technology-based toolbox ZipMatch Pro.
The technology-based toolbox ZipMatch Pro.
Visual from company website. 
by Sira Anamwong. Image ID: 100352168 team
IdeaSpace Foundation president Earl Valencia
Philippine SMEs becoming startup investors, says IdeaSpace

Technology startup incubator and accelerator IdeaSpace Foundation has observed a new investment trend in the Philippines — that of small and medium-size enterprises (SMEs) becoming startup investors. IdeaSpace president Earl Valencia said there are a number of SMEs who are mulling an investment in startups, as an extension of their revenue source…. Read more »

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ZipMatch co-founders John Dang, Kyle Wiltshire, Chow Paredes
ZipMatch to finish 3rd funding round, starts PH expansion

Online real estate startup ZipMatch said it is nearing the completion of its third round of funding. This was a follow up to its P24.4 million ($550,000) seed round from various investors; the company has already raised a total of P44.5 million ($1 million) seed fund since its founding in 2012…. Read more »